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Iraq and US Boost Energy Cooperation to Achieve Gas Self-Sufficiency by 2028

Iraq and the United States have strengthened their collaboration in the energy sector to support Iraq’s long-term goals of energy independence and infrastructure development. Prime...

Iraq Signs Deal with Excelerate Energy to Build Floating Gas Platform

Under the auspices of Prime Minister Mohammed Shia al-Sudani, Iraq signs a deal with US-based Excelerate Energy to build a floating natural gas platform....

Basrah Crude Prices Rise Despite Global Oil Decline

Iraq’s Basrah crude grades rose, even as global oil prices fell. Basrah Heavy gained 98 cents, or 1.51%, reaching $65.68 per barrel, while Basrah Medium added $1.68, or 2.55%, to $67.53 per barrel. Global oil benchmarks fell...

Iraq Earns Over $48 Billion from Oil Exports in First Nine Months of 2025

Iraq generated more than $48 billion in oil revenues during the first nine months of 2025, according to data released by the State Oil Marketing Organization (SOMO)....

Iraq’s Electricity Interconnection Project with Gulf States Reaches 93% Completion

Iraq is moving closer to completing a major regional energy initiative as Iraq’s electricity interconnection project with the Gulf States reaches approximately 93% completion of the first...

Iraq’s Oil Exports Generate Nearly $7 Billion in September

Iraq earned nearly $7 billion from oil exports in September, the Ministry of Oil reported. The country shipped more than 102 million barrels of...

Iraq Launches Integrated Solar Panel Factory with 750 MW Annual Capacity

Iraq’s Ministry of Industry and Minerals announced that it has established an integrated factory to manufacture solar panels. The new facility will produce 750...

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